Atlas Elevators General Trading and Contracting Company has announced the preliminary financial results for the period ending on June 30, 2024 (six months), reporting an increase in sales during the current period compared to the same period last year. This increase is attributed to higher revenues from the company’s main activities (elevator installations and maintenance). As of June 30, 2024, 554 elevators were completed, compared to 416 elevators on June 30, 2023. Despite this increase in sales, net profit decreased by 14% due to the rise in the cost of revenues, primarily driven by higher net purchases and operating expenses.